Market

World shares skid following grim news on US, EU economies

  • May 01, 2020

Shares dropped in Europe and Asia on Friday after the latest data drove home the extent of economic carnage from the coronavirus pandemic. Many world markets were closed for May Day holidays. Britain’s FTSE 100 sagged 2% to 5,781.91 while U.S. futures fell sharply, with the contract for the S&P 500

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Asian shares rise on hopes for drug to treat coronavirus

  • Apr 30, 2020

TOKYO  — Asian shares advanced on Thursday, riding a wave of optimism about a possible treatment for the coronavirus that set off a rally on Wall Street powerful enough to override data showing the U.S. economy had logged its worst quarterly performance since 2009. Japan’s benchmark Nikkei 2

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Wall Street’s rally carries into 3rd day as economies reopen

  • Apr 28, 2020

Stocks are pumping higher in early trading on Wall Street Tuesday, and the S&P 500 is cruising toward its first three-day winning streak in a month. European stocks were also strong, as markets turned higher following a mixed Asian performance. The price of U.S. oil remained wild, though, and it swung th

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Global shares rise on optimism over progress in virus battle

  • Apr 07, 2020

TOKYO  — Global shares rose Tuesday, fueled by hopes the peak of the coronavirus pandemic surge may come soon. France’s CAC 40 rose nearly 4.0% to 4,518.21 in early trading, while Germany’s DAX jumped 4.5% to 10,530.95. Britain’s FTSE 100 added 2.6% to 5,728.94. U.S. shar

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Hackers’ new target during pandemic: video conference calls

  • Apr 07, 2020

WASHINGTON  — Ceri Weber had just begun to defend her dissertation when the chaos began: Echoes and voices interrupted her. Someone parroted her words. Then Britney Spears music came on, and someone told Weber to shut up. Someone threatened to rape her. Hackers had targeted the meeting on the vide

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Shares rebound on glimmers of progress in battling virus

  • Apr 06, 2020

BANGKOK  — Asian shares and U.S. futures rebounded on Monday as investors grasped at threads of hope that the battle against the coronavirus pandemic may be making some progress in some hard-hit areas. Markets in Tokyo, Seoul and Sydney gained more than 2% in early trading and Hong Kong was up nea

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Asian stocks tumble after Wall Street rises on pricier oil

  • Apr 03, 2020

BEIJING  — Asian stock markets tumbled Friday after soaring U.S. job losses tempered enthusiasm about a possible deal to stabilize oil prices amid anxiety over the global economic decline due to the coronavirus pandemic. Benchmarks in Shanghai, Tokyo and Hong Kong all retreated. Australia’s

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Apply here: How to spend $2.2 trillion — and rescue economy

  • Apr 02, 2020

WASHINGTON  — President Donald Trump aims to shovel $2.2 trillion into the U.S. economy over the next few weeks to try to cushion its free fall. But that means putting his fate in the hands of banks, profit-minded businesses and g

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Global stocks gain as economic toll of virus worsens

  • Apr 02, 2020

BEIJING  — Major global stock markets and U.S. futures rose Thursday following a rocky start to the day after a White House warning that as many as 240,000 Americans might die of the coronavirus sent Wall Street tumbling. London and Frankfurt opened higher. Shanghai gained 1.7%, Seoul added 2.3% a

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